Novoray Statistics

Total Valuation

Novoray has a market cap or net worth of CNY 20.30 billion. The enterprise value is 20.10 billion.

Market Cap	20.30B
Enterprise Value	20.10B

Important Dates

The last earnings date was Wednesday, April 22, 2026.

Earnings Date	Apr 22, 2026
Ex-Dividend Date	May 29, 2025

Share Statistics

Novoray has 241.47 million shares outstanding. The number of shares has decreased by -0.58% in one year.

Current Share Class	241.47M
Shares Outstanding	241.47M
Shares Change (YoY)	-0.58%
Shares Change (QoQ)	-1.35%
Owned by Insiders (%)	40.92%
Owned by Institutions (%)	13.15%
Float	86.48M

Valuation Ratios

The trailing PE ratio is 67.22 and the forward PE ratio is 46.18.

PE Ratio	67.22
Forward PE	46.18
PS Ratio	17.34
PB Ratio	11.09
P/TBV Ratio	11.52
P/FCF Ratio	152.71
P/OCF Ratio	87.18
PEG Ratio	n/a

Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 49.31, with an EV/FCF ratio of 151.24.

EV / Earnings	66.72
EV / Sales	17.17
EV / EBITDA	49.31
EV / EBIT	58.62
EV / FCF	151.24

Financial Position

The company has a current ratio of 6.69, with a Debt / Equity ratio of 0.38.

Current Ratio	6.69
Quick Ratio	4.44
Debt / Equity	0.38
Debt / EBITDA	1.71
Debt / FCF	5.24
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 17.72% and return on invested capital (ROIC) is 19.07%.

Return on Equity (ROE)	17.72%
Return on Assets (ROA)	8.78%
Return on Invested Capital (ROIC)	19.07%
Return on Capital Employed (ROCE)	13.16%
Weighted Average Cost of Capital (WACC)	8.10%
Revenue Per Employee	1.71M
Profits Per Employee	441,059
Employee Count	704
Asset Turnover	0.48
Inventory Turnover	5.07

Taxes

In the past 12 months, Novoray has paid 41.54 million in taxes.

Income Tax	41.54M
Effective Tax Rate	12.12%

Stock Price Statistics

The stock price has increased by +104.58% in the last 52 weeks. The beta is 0.75, so Novoray's price volatility has been lower than the market average.

Beta (5Y)	0.75
52-Week Price Change	+104.58%
50-Day Moving Average	83.41
200-Day Moving Average	64.36
Relative Strength Index (RSI)	45.62
Average Volume (20 Days)	5,751,489

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, Novoray had revenue of CNY 1.17 billion and earned 301.24 million in profits. Earnings per share was 1.25.

Revenue	1.17B
Gross Profit	474.25M
Operating Income	342.88M
Pretax Income	342.78M
Net Income	301.24M
EBITDA	406.29M
EBIT	342.88M
Earnings Per Share (EPS)	1.25

Full Income Statement

Balance Sheet

The company has 892.11 million in cash and 696.97 million in debt, giving a net cash position of 195.14 million or 0.81 per share.

Cash & Cash Equivalents	892.11M
Total Debt	696.97M
Net Cash	195.14M
Net Cash Per Share	0.81
Equity (Book Value)	1.83B
Book Value Per Share	7.66
Working Capital	1.75B

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 232.79 million and capital expenditures -99.89 million, giving a free cash flow of 132.90 million.

Operating Cash Flow	232.79M
Capital Expenditures	-99.89M
Depreciation & Amortization	63.40M
Net Borrowing	664.57M
Free Cash Flow	132.90M
FCF Per Share	0.55

Full Cash Flow Statement

Margins

Gross margin is 40.51%, with operating and profit margins of 29.29% and 25.73%.

Gross Margin	40.51%
Operating Margin	29.29%
Pretax Margin	29.28%
Profit Margin	25.73%
EBITDA Margin	34.70%
EBIT Margin	29.29%
FCF Margin	11.35%

Dividends & Yields

This stock pays an annual dividend of 0.38, which amounts to a dividend yield of 0.43%.

Dividend Per Share	0.38
Dividend Yield	0.43%
Dividend Growth (YoY)	30.00%
Years of Dividend Growth	4
Payout Ratio	30.84%
Buyback Yield	0.58%
Shareholder Yield	1.01%
Earnings Yield	1.48%
FCF Yield	0.65%

Dividend Details

Stock Splits

The last stock split was on May 29, 2025. It was a forward split with a ratio of 1.3.

Last Split Date	May 29, 2025
Split Type	Forward
Split Ratio	1.3

Scores

Altman Z-Score	n/a
Piotroski F-Score	5